Macy's Shares Drop 3.3% After One-Month 7.4% Gain, Q1 EPS Seen Down 13.9%
Macy's shares slid 3.34% to $22.01 in the latest session, underperforming the S&P 500's 0.28% decline after a 7.36% one-month gain versus a 5.31% sector loss. Analysts forecast Q1 EPS of $1.55 (-13.9% y/y) and revenue of $7.52B (-3.1%), with 2026 full-year EPS at $2.20 (-16.7%).
1. Recent Stock Performance
Macy's shares fell 3.34% to $22.01 in the latest session, underperforming the S&P 500's 0.28% decline after gaining 7.36% over the past month compared to a 5.31% loss in the Retail-Wholesale sector.
2. Q1 Earnings Estimates
Analysts forecast first-quarter EPS of $1.55, a 13.89% drop from last year, and revenue of $7.52 billion, down 3.14% year over year, reflecting soft consumer spending trends.
3. Full-Year Outlook and Valuation
Full-year EPS are projected at $2.20, a 16.67% decrease, with annual revenue forecast at $21.65 billion, down 2.89%, and the forward P/E ratio at 10.16 versus the industry average of 14.71.